Nearly half of Estonians embrace local online stores

The fact that people are buying more online means e-commerce has become more of a part of their daily lives

Nearly half of Estonians embrace local online stores. Source: unsplash.com

According to Ecommerce News, Estonian residents consider major international platforms like AliExpress and Amazon as the most popular online shopping channels. However, over 40% of consumers in the country shop online at local e-commerce websites.

The data reveals that Estonian e-commerce continues to grow. Besides, the volume of online purchases done with bank cards has increased by over 50%, compared to 2017.

Estonian online sellers, whose market share of online shopping has increased from 6% in 2017 to 11% by the end of 2019, have reached a part of this growth.

This has undoubtedly been supported by the recent launch of new convenience services that are usually paid for exclusively via online purchases. The fastest growth has taken place in ridesharing and food courier services, and we are also seeing a clear increase in the numbers of online purchases provided by shopping centers that offer home delivery

Ainar Leppänen, Member of the Management Board of SEB

SEE ALSO:

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Nearly half of Estonians embrace local online stores

Pay Space

Breaking News

Bank of Canada Governor Sees Little Impact of Country Budget on Fiscal Track

Wagestream Raises $21.8 Million

S&P Says About Loosening of China’s Fiscal Stimulus

Lenovo and Alibaba Cooperate to Build AI Computers

Micron Intends to Get $6.1 Billion in Grants From US

Join Us

Newsletter

Nearly half of Estonians embrace local online stores

Pay Space

Related Posts

Breaking News

Join Us

Newsletter

Get Updates